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Pariter Securities May Have Sold ICap Investments To Investors Now Suffering Huge Losses. Our Reg D Private Placement Lawyers Represent iCap Investors
At Shepherd Smith Edwards and Kantas (investorlawyers.com), it has come to our attention that Pariter Securities may have unsuitably sold iCap investments to customers. Now, in the wake of real estate investor and manager iCap Enterprises’ Chapter 11 bankruptcy protection, these investors and many others are reporting huge investment losses.
iCap raised $245M from investors through a number of independent brokerage firms that earned high commissions from the sales of:
- iCap
- iCap Broadway
- iCap Campbell Way
- iCap Equity
- iCap Funding
- iCap Holding
- iCap Holding 5
- iCap Holding 6
- iCap Investments
- iCap Management
- iCap Pacific Development
- iCap Pacific Income 4 Fund
- iCap Pacific Income 5 Fund
- iCap Northwest Opportunity Fund
- iCap Pacific Northwest Opportunity and Income Fund
- iCap Pacific NW Management
- iCap Realty
- iCap Vault
- iCap Vault 1
- iCap Vault Management
- Senza Kenmore
- UW 17thAVE
- Vault Holding 1
- VH 1121
- VH 2ndStreet Office
- VH Pioneer Village
- VH Senior Care
- VH Willows Townhomes
- VH Vault Holding
- 725 Broadway
The majority of these are Regulation D private placements that were illiquid, high-risk real estate investments and unsuitable for most retail investors and conservative retirees. Yet, more than 25% of iCap investors may be Chinese citizens who got involved because they were looking to earn their green card through the EB-5 Immigrant Investor Program. At the moment, our skilled iCap investment loss recovery attorneys are looking into whether these investors and others were qualified and/or had the necessary experience to get involved in these Reg D investments. That said, even accredited investors and wealthy investors may have sustained huge losses in iCap.
How Can Our Seasoned iCap Private Placement Lawyers Help?
This is not the kind of legal claim you want to pursue on your own. Not only that but because of the complex nature of iCap investments, you want to work with a securities law firm that has experience in representing Reg D private placement investors and a record of getting clients the damages they are owed.
For over 30 years, Shepherd Smith Edwards, and Kantas have been fighting for investors against brokerage firms and investment advisers. Our Reg D private placement fraud lawyers are among the most experienced in the United States and we have represented clients in more than 1000 investor loss-related matters in arbitration, mediation, and litigation.
When you work with us, you aren’t just assigned to one of our attorneys. You will have our entire team of savvy securities lawyers, legal assistants, consultants, and other key team members on your side. Through our hard work and dedication, more than 90% of our clients have received full or partial financial recovery.
If you do have grounds for suing your broker over your iCap losses, your case will likely have to be filed in Financial Industry Regulatory Authority arbitration. You want trusted private placement lawyers like us who have represented investors in this legal venue before. We know the types of strategies and resources that need to be employed to maximize your chances for a successful case outcome.
If you were sold iCap investments by a Pariter Securities stockbroker:
Call the SSEK Private Placement Lawyers at (800) 259-9010 today or contact us online.